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Bitcoin Is Giving Out Bearish Signals | Can Go Lower!

Обновлено
In my last update for Bitcoin (BTCUSD) I mentioned "bearish tendency", because Bitcoin has been moving lower since it hit a peak on the 26-June, we can easily see lower highs being printed...

But since the 28-July, we are also seeing higher lows. This is all a period of consolidation but Bitcoin can still move lower before moving back up.

Now, the signals...

Bitcoin Bearish Signals
  • The RSI is clearly trending down.
  • The MACD had a bearish crossover.
  • BTCUSD price is trading below EMA10 and EMA50.
  • Bearish TD Sequential.


This is all pointing to another drop.
The drop can be quick big and recover fast just as it can be short-lived and small...

Whatever happens, we believe that Bitcoin will bounce regardless of how low it goes.

Move your focus to the altcoins and comeback when the Bitcoin consolidation period is done.

Thanks a lot for reading.
Thanks a lot for your continued support.

Namaste.
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BCHBTC
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THE ENTIRE ALTCOINS MARKET IS ABOUT TO MOVE HIGHER

Get in before the jump...

TOTAL2]
[TOTAL2] Altcoins Start Printing New Highs | All Exchanges!
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Altcoins...

[ARKBTC](233%) Ark Full Trade Signal
[ARKBTC](233%) Ark Full Trade Signal @alanmasters


Solve.Care Will Make A Huge Move Soon! | Easy 170%+ Possible
Solve.Care Will Make A Huge Move Soon! | Easy 170%+ Possible


openANX Continues To Gain Strength | More Growth Incoming
openANX Continues To Gain Strength | More Growth Incoming


Bitcoin Cash (BCHZ19) Looking Bearish Short-Term
Bitcoin Cash (BCHZ19) Looking Bearish Short-Term
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Trades that are yet to move/within buy-in range...

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